At the moment, Trade Me is still under an agreement with Apax not to open their books to any other potential buyers. However, in the meantime, Trade Me is welcome to discuss unsolicited offers.

What’s next for [NZX:TME] shares?

This represents a new high for the company, going even beyond the last rise from two weeks ago.

The exciting buzz could point toward a potential bidding war between Apax Partners and Hellman & Friedman.

As momentum builds, we anticipate an upward trajectory for Trade Me stocks.

Best,

Taylor KeeEditor, Money Morning NZ

PS: Free investor report: the three stocks set to skyrocket from a massive demographic shift that’s already beginning to hit New Zealand. Download this free report now to get in before the crowd floods into these stocks.

Taylor Kee is the lead Editor at Money Morning NZ. With a background in the financial publishing industry, Taylor knows how simple, yet difficult investing can be. He has worked with a range of assets classes, and with some of the world’s most thought-provoking financial writers, including Bill Bonner, Dan Denning, Doug Casey, and more.
But he’s found his niche in macroeconomics and the excitement of technology investments. And Taylor is looking forward to the opportunity to share his thoughts on where New Zealand’s economy is going next and the opportunities it presents. Taylor shares these ideas with Money Morning NZ readers each day.

About Us

Money Morning New Zealand is a brand-new investment resource created exclusively for Kiwis. By subscribing, you’ll gain access to our full roster of analysts and investment experts from around the world. Each researcher is dedicated to offering you urgent and useful ideas that could help you improve your finances.